November 29, 2011

The Daily Bankruptcy News

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Law:

Bankruptcy Attorney Clowns Around in Macy’s Thanksgiving Parade
(DBN)

Cravath Unveils Bonuses: It’s (Mostly)2010 All Over Again
(DBN)

Lawyers' Bonuses Under Pressure
(WSJ: separate paid subscription required)

Cravath Bonuses Signal Lackluster Year for M&A Work, WSJ Says
(DBN)

Bonus Season: The Most Nerve-Wracking Time of the Year
(DBN)

In Apparent Trend, Associates Increasingly Leave BigLaw to Become Small Firm Entrepreneurs
(DBN)

Are You Allowed to Have a Biglaw Job If You Need to Sleep All the Time?
(DBN)

New Partner Watch: Cravath and Simpson
(DBN)

Holme Roberts Reportedly in Discussions with Bryan Cave
(DBN)

SNR Denton posts first combined results with H1 revenues up 11.5%
(DBN)

High Court orders Herbert Smith and RBS to bare all
(DBN)

A&O asks up to 3% of equity to go as partnership management resumes
(DBN)

Ex-Crowell & Moring lawyer won't fight extradition
(DBN)

Dreier on Dreier
(DBN)

An early connection - For students of color, an early helping hand?
(DBN)

Why is the NY Times Turning Out Such Error-Ridden and Ill-Informed Pieces on Law Schools?
(DBN)

"The share of the nation's GDP attributable to the legal services sector has deteriorated significantly"
(DBN)

Texas Redistricting, Kohn, Google, Wal-Mart in Court News
(DBN)

Citigroup, HSBC, RBS, Rajaratnam, Glaxo, S&P in Court News
(DBN)

Probe Finds Hedge Fund Lawyer Was 'Tortured, Beaten To Death'
(DBN)

Ex-Crowell Associate’s Case Makes for ‘Bad Episode of Law and Order’
(DBN)

Firms help staff pay for divorces
(DBN)

NYC bar association nominates Carey Dunne as next president
(DBN)

The Definitive Guide To Social Media For Lawyers
(DBN)

Two New Ethics Opinions on Cloud Computing
(DBN)

U.S. Law Firms Plan to Follow Trade Deal With Korea Offices
(DBN)

Don’t Try This at Home, Experts Warn Parents Tempted to Infect Kids With Chicken Pox via Web Aids
(DBN)

Concealing First Marriage From Second "Wife" Violates Ethics Rules
(DBN)

New York Judge's Ruling Means Suit Challenging Ethics of Greenberg Ethics Specialist Can Proceed
(DBN)

Man Sues Couple He Kidnapped
(DBN)

State Removes Boy, 8, From Mom’s Home Because He Is Too Fat
(DBN)

Student trapped in clothes horse rescued by firefighters
(DBN)

Judge Carton Rules
(DBN)

______________

Judges:

Rakoff Causes More Heartburn at the SEC
(DBN)

What’s So Hard About Regulating Supreme Court Justices’ Ethics? — A Lot
(DBN)

Health care and recusal politics
(DBN)

People who think Justice Elena Kagan should recuse herself from the looming “Obamacare” case might want to take a closer look at her first term.
(DBN)

Supreme Court TV? Nice Idea, but Still Not Likely
(DBN)

Will Justices’ Fear of Sound Bite Preclude TV Coverage of 5-Hour Oral Argument in Health Care Case?
(DBN)

The Supreme Court sends a grandmother back to prison to teach the 9th Circuit a lesson.
(DBN)

Who’s the Ostrich?
(DBN)

A Reverse Benchslap? Chastised Lawyer Lashes Out at Judge Posner
(DBN)

Benchslap of the Day: A Case of Having Too Much Flair
(DBN)

Judge suggests charging for extensive use of expensive court time
(DBN)

______________

Wall Street:

Europe Stocks Retreat, US Futures Change Little
(DBN)

Stocks Jump on Wall Street and in Europe
(DBN)

Wall Street Girds for Smaller Bonuses
(DBN)

The 15 Stocks That Hedge Funds Love
(DBN)

______________

Layoffs:

Brain-Hub Cities Attract Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Oil/Gas:

Oil falls below $98 amid Europe debt concerns
(DBN)

______________

Ethanol:

Ranchers Warn on Meat Shortages
(DBN)

______________

MF Global:

Corzine Pushed Europe Bet to $11.5 Billion
(DBN)

Committees pressure Corzine to testify
(DBN)

Stabenow calls Corzine to testify on MF Global collapse
(DBN)

Jon Corzine Has a Bull's-Eye on His Back
(DBN)

Jon Corzine the Face of Wall Street Arrogance
(DBN)

Corzine's rightful place? Locked away behind bars
(DBN)

Slice of missing MF Global customer cash may be in Britain
(DBN)

$200 Million in Vanished Cash Turns Up at JP Morgan
(DBN)

MF Global a month later and still a mystery
(DBN)

Agency OK likely for rule on firms' customer funds
(DBN)

Did MF Global write you a rubber check?
(DBN)

Gensler Recusal Timing Has 'Grey Areas', Senator Roberts Says
(DBN)

Widening Hunt for Details of MF Global's Collapse
(DBN)

US regulators doubt MF Global shortfall estimate
(DBN)

Has MF Global changed the insolvency landscape?
(DBN)

MF Global reveals UK payback terms
(DBN)

______________

Municipalities:

Restructuring Experts Balk At Muni Meltdown Prediction
(DBN)

Mayor Thompson addresses residents at town hall meeting
(DBN)

Latest in Harrisburg Bankruptcy Saga
(DBN)

Alabama Sheriff Seeks Bankruptcy Ruling on Halting Lawsuits
(DBN)

______________

Celebs:

T-Boz files for bankruptcy protection
(DBN)

Pearlman bankruptcy trustee nets settlement from MTV, but victims still get nothing
(DBN)

Pearlman bankruptcy timeline
(DBN)

Tobey Maguire Agrees To Repay Gambling Windfall To Bankruptcy Trustees
(DBN)

Strangest Michael Jackson-Related Lawsuit Ever?
(DBN)

______________

Orchestras:

Philadelphia Orchestra moves pension funds to federal government
(DBN)

______________

Personal Finance:

How to Live Happily on Less
(DBN)

______________

Protests:

Hilarious Spoof Of Goldman Sachs CEO Lloyd Blankfein Joining Occupy Wall Street
(DBN)

What Bill Gross And Larry Fink Said About Occupy Wall Street
(DBN)

Occupy Economics
(DBN)

Occupy LA's lawyer says peaceful relations with LAPD are no accident
(DBN)

Occupiers ponder their future
(DBN)

______________

Economy:

Dallas Fed Manufacturing Survey shows contraction in November
(DBN)

Over 20% of Americans are economically insecure
(DBN)

Fitch warns of US downgrade if no budget deal
(DBN)

Bond Dealers See Fed Buying $545 Billion of Home-Loan Debt in Third Easing
(DBN)

GOP to Reconfigure US Budget Cuts
(DBN)

Austerity Is Bad for Us and No Fun
(DBN)

Bush Tax Cuts are the Real Endgame
(DBN)

All Americans Lose If Payroll-Tax Cut Isn’t Renewed
(DBN)

US Deficit Deadlock Has Echoes of Euro Crisis
(DBN)

Banks made billions on secret Federal Reserve loans
(DBN)

How Henry Paulson Gave Hedge Funds Advance Word of 2008 Fannie Mae Rescue
(DBN)

Cramer: 'We Are In DEFCON 3, Two Stages Away From A Financial Collapse So Huge It's Hard To Get Your Mind Around'
(DBN)

11 Big Charts That Show What A Mess The Economy Has Suddenly Become
(DBN)

5 Charts That Show That Suddenly Something Is Going Wrong With The Consumer
(DBN)

Krugman gleefully quotes Greenspan getting everything wrong in 2005
(DBN)

Should the Government Narrow the Income Gap (Part I), (Part II)
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Did Barney Frank Cause the Housing Crisis?
(DBN)

Barney Frank: Don't Blame Me for Fannie, Freddie Problems
(DBN)

Assured Guaranty files new claims against JPMorgan
(DBN)

Bank official says lessons learned from robo-signing
(DBN)

O.C. residents named as 'robo-signers'
(DBN)

Once-Wayward Loans 'Reperforming' for Freddie Mac
(DBN)

Realtors applaud FHA loan limits
(DBN)

U.S. Banks to Trim Mortgage Servicing Ops as Tougher Regulation Looms
(DBN)

Mortgage Servicers – Getting Away with the Perfect Crime?
(DBN)

There’s Nothing To Stop Mortgage Servicer Fraud Becoming A Standard Business Practice
(DBN)

The Margin Effect That Is Killing The Housing Market
(DBN)

Visible Existing Home Inventory declines 17% year-over-year in November
(DBN)

New-home sales inch up 1.3% in October
(DBN)

New Home Prices: Average Lowest since 2003
(DBN)

Making Sense of New Home Sales
(DBN)

Hispanic households grow, accounting for more than half of new homeowners
(DBN)

Mortgage debt falls in third quarter, NY Fed says
(DBN)

NYC foreclosures drop 32%
(DBN)

NAR expects some commercial real estate growth next year
(DBN)

Las Vegas commercial real estate owners in bankruptcy
(DBN)

Demand for global distressed property predicted to slow ‎
(DBN)

Eurozone turmoil to boost global distressed property
(DBN)

_____________

Corporate Reform:

Citigroup Deal With SEC Gets the Rough Legal Treatment It Deserved
(DBN)

Judge on Citi's SEC Deal: "An engine of oppression"
(DBN)

Judge disses SEC
(DBN)

The Rakoff Rejection
(DBN)

SEC Policy Challenged in Judge's Rejection of Citigroup Deal
(DBN)

Jed Rakoff's fraught decision
(DBN)

Judge Rakoff Delivers Brutal Takedown Of Both The SEC And Citigroup
(DBN)

Khuzami: Rakoff Ruling Ignores 'Decades of Established Practice'
(DBN)

The Origins of a Policy as Practical as It Is Puzzling
(DBN)

Bounced Citi CDO payout tests SEC's credibility
(DBN)

The S.E.C.'s Enabling
(DBN)

Frank Exit May Leave Wall Street Rules Vulnerable to Republicans
(DBN)

______________

Baseball:

Dodgers Owner's Feud Is Now With Fox
(DBN)

Los Angeles Dodgers Accuse Fox Sports of Ducking Competition
(DBN)

______________

Health Care:

Allcare Dental Management, Inc. Files Chapter 7 Bankruptcy
(DBN)

No New Drugs? Blame Wall Street's Demands
(DBN)

Doctors Face Steep Medicare Cuts Again
(DBN)

Plan could resolve privately-owned hospital's bankruptcy problems
(DBN)

______________

Food/Beverage:

East Side's Bill's Gay Nineties files for bankruptcy
(DBN)

______________

Retailing:

Syms: Creditors Seek To Disband Equity Committee
(DBN)

Former Borders employees secure settlement in lawsuit: $797 a person
(DBN)

For a Weekend, at Least, Retailers See Record Numbers
(DBN)

Amazon Facing End of Sales Tax Loopholes in 2012
(DBN)

______________

Telecoms:

Bankrupt wireless firm probe kept closed
(DBN)

Open Range customers still smarting from internet service collapse
(DBN)

______________

Enron:

Skilling's fall was nothing short of epic
(DBN)

______________

Avoidance Actions:

Bankruptcy Case’s Focus on Everyday Investors Could Set New Precedent
(DBN)

______________

Religion:

Crystal Cathedral win was miraculous, legal firm says
(DBN)

______________

Aviation:

American, Pilots Union to Meet With Mediators as Talks Stall
(DBN)

______________

Distressed Investing:

Wilbur Ross hones in on troubled maritime business
(DBN)

______________

Ratings Agencies:

Investor can sue S&P over Lehman -German court
(DBN)

______________

Consumer Debt:

NY Fed Q3 Report on Household Debt and Credit
(DBN)

Consumers continue to unload debt
(DBN)

______________

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

Dodgers, MF Global , Chrysler, Vitro, Lehman, A&P
(DBN)

Chrysler, Vitro, Manistique, Lehman, A&P, NewPage
(DBN)

Rochelle on PSEG v. Dynegy, MF Global, $46 Million Error
(DBN)

______________

Bankruptcy Statistics:

Top 10 all-time bankruptcies
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Litigation:

Twombly, Iqbal rulings have 'substantial impact': study
(DBN)

______________

Fraud:

Rajaratnam Seeks to Remain Free While Appealing Wiretap Use
(DBN)

Search for Olympus Scam Advisers Highlights Hong Kong Links
(DBN)

Stanford still not competent to stand trial
(DBN)

Westgate victims get (some)of their money back
(DBN)

IRS Extends Safe Harbor for Investment Theft Losses
(DBN)

HSBC proposes amended settlement in Madoff case
(DBN)

______________

Insurance:

S&P cuts The PMI Group to D on bankruptcy filing
(DBN)

Kirchmeyer adds appraisal insurance against faulty valuations
(DBN)

Why M&A-Related Litigation is a Serious Problem
(DBN)

______________

Banking:

Morgan Stanley Cuts Outlook for Big Banks
(DBN)

Huntsman hopes to break up big banks
(DBN)

Wisconsin bank settles overdraft case, joins BofA
(DBN)

______________

Alternative Energy:

Top GOP Aide For House Panel Has Ties To Solyndra
(DBN)

______________

Electricity:

Questions and answers about Southern Montana Electric
(DBN)

______________

Politics:

Elizabeth Warren Isn't Interested in Small Improvements ‎
(DBN)

Republican Hopeful Huntsman Offers Plan to Prevent Bank Bailouts
(DBN)

30 Years In The Life Of Barney Frank
(DBN)

A Tale Of Two Twits
(DBN)

The Real Reason to Miss Barney Frank
(DBN)

Frank 17th House Dem to Bolt
(DBN)

Woman: I Had 13 Year Affair with Cain
(DBN)

Newest Cain Accuser Has History of Financial Trouble
(DBN)

Wall St. Turns Away from Obama
(DBN)

Romney in 2006 Backed Immigration Stance He Now Deems Amnesty
(DBN)

Will The Housing Crisis Kill Mitt Romney's Campaign?
(DBN)

Gingrich’s Former Political Group Ordered by Court to Pay Delinquent Rent
(DBN)

______________

IMF:

Investigative Report Reveals Evidence That DSK Was Probably Framed
(DBN)

______________

Sovereigns:

The Most Basic Assumption About Sovereign Debt Turns Out To Be 100% Wrong
(DBN)

The bias toward creditors
(DBN)

______________

EU:

Euro Zone is Coming to an End
(DBN)

In euro zone crisis, companies plan for the unthinkable
(DBN)

New Reports Warn of Escalating Dangers From Europe's Debt Crisis
(DBN)

NY Times: "Crisis in Europe Tightens Credit Across the Globe"
(DBN)

Time Runs Short for Europe to Resolve Debt Crisis
(DBN)

Moody's: We're worried about pretty much every European sovereign bond rating
(DBN)

IMF: £500b Plan to Save Italy, Spain, Euro
(DBN)

Could Germany just leave the euro zone? Not easily.
(DBN)

Is it cheaper for Germany to bail out EU countries rather than leave the euro?
(DBN)

Germany told to act to save Europe
(DBN)

Euro Zone Leaders Weigh New Budget Rules
(DBN)

Moody's: Crisis Threatens EU Ratings
(DBN)

Obama Meets Leaders of the European Union
(DBN)

Pressure mounts on Europe as finance ministers meet
(DBN)

S&P may cut France outlook within 10 days: report
(DBN)

______________

PIIGS:

Italy's Borrowing Rates Skyrocket Again
(DBN)

Italy Yields Hit New Euro Area High; 3-Year Almost 8%
(DBN)

Seat PG on knife-edge as default threat mounts
(DBN)

Greeks Balk at Paying Steep New Property Tax
(DBN)

Greeks on a shoestring
(DBN)

Greek bourse index halts downward spiral
(DBN)

Eurobank, Alpha Bank take large hit on bonds
(DBN)

Banks to post writedowns as investors face wipeout
(DBN)

Court orders Quinn to repay €1.7bn Anglo Irish Bank loan
(DBN)

Bank's action 'pointless', says Quinn
(DBN)

Anglo Irish wins dismissal of U.S. bondholder case
(DBN)

The Real Threat Facing Spanish Lenders
(DBN)

______________

Canada:

Comity In Cross-Border Insolvencies: Determining the Proper Scope of a Court’s Jurisdiction
(DBN)

______________

Japan:

Japan's Olympus to review business structure amid scandal
(DBN)

Murky underbelly may quell Buffett's interest in Japan
(DBN)

______________

MENA:

Historic Voting Starts in Egypt
(DBN)

Arab League Approves New Syrian Sanctions
(DBN)

UN Report Claims Syrian Troops Killed Hundreds of Children
(DBN)

______________

China:

Can China's Economy Collapse?
(DBN)

______________

Australia:

Commercial property distressed sales forecast to rise in Australia ‎
(DBN)

______________

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Copyright 2011